Teachers Advisors LLC boosted its position in GasLog LP. (NYSE:GLOG) by 6.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 72,941 shares of the shipping company’s stock after buying an additional 4,421 shares during the period. Teachers Advisors LLC owned 0.09% of GasLog LP. worth $1,120,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of GLOG. American International Group Inc. boosted its position in shares of GasLog LP. by 7.1% in the first quarter. American International Group Inc. now owns 25,198 shares of the shipping company’s stock worth $387,000 after buying an additional 1,670 shares in the last quarter. Frontier Capital Management Co. LLC acquired a new position in shares of GasLog LP. during the first quarter worth about $13,445,000. Atlantic Trust Group LLC boosted its position in shares of GasLog LP. by 60.4% in the first quarter. Atlantic Trust Group LLC now owns 561,464 shares of the shipping company’s stock worth $8,618,000 after buying an additional 211,464 shares in the last quarter. Pinnacle Associates Ltd. boosted its position in shares of GasLog LP. by 14.1% in the first quarter. Pinnacle Associates Ltd. now owns 44,677 shares of the shipping company’s stock worth $686,000 after buying an additional 5,504 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its position in shares of GasLog LP. by 9.2% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 30,972 shares of the shipping company’s stock worth $475,000 after buying an additional 2,622 shares in the last quarter. Institutional investors and hedge funds own 48.51% of the company’s stock.

GasLog LP. (NYSE GLOG) traded up 0.61% during midday trading on Thursday, hitting $16.60. The stock had a trading volume of 123,158 shares. GasLog LP. has a 52 week low of $12.39 and a 52 week high of $18.35. The company’s market cap is $1.33 billion. The stock’s 50 day moving average price is $16.90 and its 200-day moving average price is $15.20.

GasLog LP. (NYSE:GLOG) last posted its earnings results on Thursday, August 3rd. The shipping company reported ($0.03) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.02) by $0.01. GasLog LP. had a return on equity of 0.50% and a net margin of 0.70%. The business had revenue of $129.90 million for the quarter, compared to the consensus estimate of $128.14 million. During the same period in the previous year, the firm earned ($0.01) earnings per share. The company’s revenue was up 13.4% compared to the same quarter last year. Equities research analysts predict that GasLog LP. will post $0.10 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Thursday, August 24th. Stockholders of record on Monday, August 14th were given a $0.14 dividend. The ex-dividend date was Thursday, August 10th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 3.39%. GasLog LP.’s dividend payout ratio (DPR) is currently -800.00%.

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A number of equities analysts have issued reports on GLOG shares. Zacks Investment Research raised shares of GasLog LP. from a “sell” rating to a “hold” rating in a report on Friday, July 28th. ValuEngine raised shares of GasLog LP. from a “sell” rating to a “hold” rating in a report on Friday, June 2nd. BidaskClub cut shares of GasLog LP. from a “buy” rating to a “hold” rating in a report on Monday, August 14th. Jefferies Group LLC reissued a “buy” rating and issued a $20.00 target price on shares of GasLog LP. in a report on Thursday, August 3rd. Finally, Morgan Stanley raised shares of GasLog LP. from an “equal weight” rating to an “overweight” rating and set a $17.00 target price on the stock in a report on Tuesday, June 13th. Three research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $19.13.

About GasLog LP.

GasLog Ltd. is an international owner, operator and manager of liquefied natural gas (LNG) carriers. The Company provides support to international energy companies as part of their LNG logistics chain. The Company’s owned consolidated fleet consists of 27 LNG carriers, including 22 ships in operation and five LNG carriers on order.

Institutional Ownership by Quarter for GasLog LP. (NYSE:GLOG)

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